UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 6)
Under the Securities Exchange Act of 1934
INTELLIGENT ELECTRONICS, INC.
(Name of Issuer)
Common Stock, $.01 par value)
(Title of Class of Securities)
458157104
(CUSIP Number)
Melissa Dehn
2715 Lone Tree Way
Antioch, CA 94509
(925) 778-2390
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
MARCH 6, 1998
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box [].
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 458157104 SCHEDULE 13D Page 2 of 6
1 Name of Reporting Person
IRS Identification No. of Above Person
ASTORIA CAPITAL PARTNERS, L. P.
94-3160631
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 Source of Funds WC
5 Check Box if Disclosure of Legal Proceedings
is Required Pursuant to Items 2(d) or 2(e) [ ]
6 Citizenship or Place of Organization
United States
NUMBER OF 7 Sole Voting Power 1,979,500
SHARES
BENEFICIALLY 8 Shared Voting Power -0-
OWNED BY EACH
REPORTING 9 Sole Dispositive Power 1,979,500
PERSON
WITH 10 Shared Dispositive Power -0-
11 Aggregate Amount Beneficially Owned by Each Reporting
Person
1,979,500
12 Check Box if the Aggregate Amount in Row 11 Excludes
Certain Shares
[ ]
13 Percent of Class Represented by Amount in Row 11
4.2%
14 Type of Reporting Person
PN
CUSIP No. 458157104 SCHEDULE 13D Page 3 of 6
Item 1. Security and Issuer
This Schedule 13D ("Schedule") relates to shares of common
stock, $0.01 par value (the "Common Stock"), of Intelligent
Electronics, Inc. (the "Issuer"). The principal executive
office of the Issuer is 411 Eagleview Blvd., Exton, PA 19341.
Item 2. Identity and Background
This Schedule is filed on behalf of Astoria Capital Partners,
L.P., whose principal business office address is 6600 SW 92nd
Avenue, Suite 370, Portland, OR 97223.
Astoria Capital Partners, L.P. is an investment limited
partnership, whose general partners are Richard W. Koe and
Astoria Capital Management, Inc. Astoria Capital Management,
Inc. is an investment advisor registered as such with the SEC
and in various states. Astoria Capital Management, Inc.'s
president and sole shareholder is Richard W. Koe. The business
address of Astoria Capital Management, Inc. and Richard W. Koe
is 6600 SW 92nd Avenue, Suite 370, Portland, OR 97223.
None of Astoria Capital Partners, L.P., Astoria Capital
Management, Inc. or Richard W. Koe have, during the past five
years, been convicted of any criminal proceeding (excluding
traffic violations or similar misdemeanors).
None of Astoria Capital Partners, L.P., Astoria Capital
Management, Inc. or Richard W. Koe have been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation
with respect to such laws.
Astoria Capital Partners, L.P. is a California limited
partnership, Astoria Capital Management, Inc. is a California
corporation and Richard W. Koe is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration
Not applicable.
Item 4. Purpose of Transaction.
The purchases of Common Stock were made solely for investment
purposes. Depending upon market conditions and other factors,
Astoria Capital Partners, L.P. may acquire additional securities
of the Issuer.
CUSIP No. 458157104 SCHEDULE 13D Page 4 of 6
Item 5. Interest in Securities of the Issuer
(a),(b) Reference is made hereby to Items 7-11 and 13 of page
two (2) of this Schedule, which Items are incorporated
by reference herein.
(c) Astoria Capital Partners, L.P. effected the following
transactions in the last sixty (60) days:
Date Transaction Quantity Price
1/23/98 BUY 30,000 4.93
1/23/98 BUY 150,000 4.85
1/23/98 BUY 47,500 4.89
1/26/98 BUY 50,000 4.95
1/26/98 BUY 110,000 5.00
1/26/98 BUY 100,000 5.06
1/27/98 BUY 10,000 5.00
1/27/98 BUY 50,000 5.00
1/28/98 BUY 96,450 5.02
1/28/98 SELL 50,000 4.88
1/30/98 BUY 40,000 5.06
1/30/98 BUY 12,500 5.13
2/2/98 BUY 125,000 5.04
2/3/98 BUY 22,500 5.05
2/3/98 BUY 393.400 5.40
2/4/98 BUY 85,000 5.51
2/18/98 BUY 60,000 5.76
2/19/98 BUY 238,900 5.62
2/20/98 BUY 71,900 5.70
3/5/98 SELL 30,000 7.09
3/5/98 SELL 20,000 7.09
3/5/98 SELL 15,000 7.09
3/5/98 SELL 35,000 7.09
3/5/98 SELL 15,000 7.09
3/5/98 SELL 20,000 7.09
3/5/98 SELL 33,000 7.09
3/5/98 SELL 24,000 7.09
3/5/98 SELL 300,000 7.09
3/5/98 SELL 220,000 7.09
3/5/98 SELL 250,000 7.09
3/5/98 SELL 10,000 7.09
3/5/98 SELL 28,000 7.09
3/5/98 SELL 72,000 7.07
3/5/98 SELL 13,700 7.07
3/5/98 SELL 113,000 7.07
3/5/98 SELL 46,000 7.07
3/5/98 SELL 30,000 7.07
3/5/98 SELL 79,300 7.07
3/6/98 SELL 7,300 5.95
CUSIP No. 458157104 SCHEDULE 13D Page 5 of 6
Date Transaction Quantity Price
3/6/98 SELL 13,400 7.06
3/6/98 SELL 75,300 7.06
3/6/98 SELL 100,000 7.06
3/6/98 SELL 16,000 7.06
3/6/98 SELL 100,000 7.06
3/6/98 SELL 20,000 7.06
3/6/98 SELL 13,500 7.06
3/6/98 SELL 7,500 7.06
3/6/98 SELL 100,000 7.06
3/6/98 SELL 40,000 7.06
3/6/98 SELL 12,500 7.06
3/6/98 SELL 31,800 7.06
3/6/98 SELL 450 7.01
3/6/98 SELL 70,250 7.03
3/6/98 SELL 80,000 7.03
3/6/98 SELL 100,000 7.03
3/6/98 SELL 20,000 7.03
3/6/98 SELL 50,000 7.03
3/6/98 SELL 20,000 7.03
3/6/98 SELL 15,000 7.03
3/6/98 SELL 15,000 7.03
3/6/98 SELL 10,000 7.03
3/6/98 SELL 13,000 7.03
3/6/98 SELL 10,000 7.03
3/6/98 SELL 10,000 7.03
3/6/98 SELL 38,000 7.03
3/6/98 SELL 4,000 7.03
3/6/98 SELL 90,000 7.03
3/6/98 SELL 24,000 7.03
3/6/98 SELL 30,750 7.03
(d),(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
None.
Item 7. Material to be Filed as Exhibits
None.
CUSIP No. 458157104 SCHEDULE 13D Page 6 of 6
Signatures
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
DATED: March 17, 1999
ASTORIA CAPITAL PARTNERS, L.P.
/s/ Richard W. Koe
_______________________________
By: Richard W. Koe
Its: General Partner
